Mena needs to invest $250 billion in power sector
The Middle East and North Africa (Mena) region will need to pump $250 billion into its power sector in the ...
Country: Middle East
Hotel occupancy in the Middle East improves
Ernst and Young issued its Middle East Hotel Benchmark Survey covering the first nine months of this year in which ...
Foster Wheeler and Amec win $1 billion Kuwait refinery contracts
Kuwait National Petroleum Company announced that it has awarded consultancy contracts to Foster Wheeler and Amec for two mega oil ...
FDI in Arab countries totaled $790.2 billion
Ernst & Young indicated that foreign direct investment (FDI) in Arab countries totaled $790.2bn and increased at a compound annual ...
Iraq; the next 'economic frontier'
According to a new research by one of the world's leading market research organizations, Iraq's GDP is set for rapid ...
Saipem negotiating $1bn Iraq contract
The Chief Executive Officer of Italy’s Saipem has said that the company is negotiating a contract worth around $1 billion ...
$19 trillion investment needed in global oil and gas production
As much as $19 trillion investment will be needed in global oil and gas production to power global economy for ...
Iraq to spend $1.6 billion on solar, wind energy
Iraq plans to invest up to $1.6 billion on renewable energy over the next three years, according to a report ...
Baghdad to finish building 30 schools by 2013
Baghdad has finished 40% of a project that is building 30 schools at a cost of $26 million, an official ...
Arab power grid gains momentum
A power grid to interconnect power production, transmission and distribution in the Arab World could become a reality if governments ...
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